Should You Really Buy Tech Stocks Now? History Offers a Surprising Answer That's Strikingly Clear.
Key takeaways
- NVDA GOOGL Technology stocks, particularly those focused on artificial intelligence (AI), have led stock market gains over the past few years.
- Certain companies, such as chip designer Nvidia and cloud service provider Alphabet, were early winners -- generating explosive revenue growth -- and investors piled into them, driving the shares higher too.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
NVDA GOOGL Technology stocks, particularly those focused on artificial intelligence (AI), have led stock market gains over the past few years. This is because investors were eager to bet on this potentially game-changing space. AI demonstrated its ability to make companies and individuals more efficient, and over time, this could lead to significantly higher earnings.
Certain companies, such as chip designer Nvidia and cloud service provider Alphabet, were early winners -- generating explosive revenue growth -- and investors piled into them, driving the shares higher too. For example, Nvidia and Alphabet saw their stock prices climb in the triple digits over the past three years.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »